Research Analysts Set Expectations for AEM FY2025 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Analysts at Stifel Canada increased their FY2025 earnings per share estimates for Agnico Eagle Mines in a research report issued to clients and investors on Monday, October 21st. Stifel Canada analyst I. Rico now expects that the mining company will post earnings per share of $5.57 for the year, up from their previous estimate of $3.99. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $3.88 per share. Stifel Canada also issued estimates for Agnico Eagle Mines’ FY2026 earnings at $4.79 EPS.

A number of other brokerages have also recently weighed in on AEM. Scotiabank increased their price target on shares of Agnico Eagle Mines from $81.00 to $94.00 and gave the stock a “sector outperform” rating in a research note on Monday, August 19th. UBS Group began coverage on Agnico Eagle Mines in a research report on Tuesday, September 17th. They issued a “buy” rating and a $95.00 price target on the stock. CIBC upped their price objective on Agnico Eagle Mines from $81.00 to $101.00 and gave the company an “outperformer” rating in a research note on Wednesday, July 10th. Royal Bank of Canada lifted their target price on Agnico Eagle Mines from $80.00 to $87.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Finally, StockNews.com upgraded Agnico Eagle Mines from a “hold” rating to a “buy” rating in a research note on Thursday, June 27th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $86.78.

Agnico Eagle Mines Price Performance

AEM stock opened at $88.64 on Thursday. The business has a 50 day simple moving average of $81.45 and a 200-day simple moving average of $72.96. The company has a market capitalization of $44.34 billion, a P/E ratio of 93.31, a PEG ratio of 0.71 and a beta of 1.10. Agnico Eagle Mines has a twelve month low of $44.37 and a twelve month high of $88.64. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.06.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its quarterly earnings results on Wednesday, July 31st. The mining company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.14. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.03 billion. Agnico Eagle Mines had a return on equity of 7.16% and a net margin of 8.44%. During the same quarter last year, the business posted $0.65 EPS. The firm’s quarterly revenue was up 20.9% compared to the same quarter last year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AEM. Van ECK Associates Corp increased its holdings in shares of Agnico Eagle Mines by 0.3% in the 2nd quarter. Van ECK Associates Corp now owns 22,320,085 shares of the mining company’s stock valued at $1,459,741,000 after purchasing an additional 58,681 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Agnico Eagle Mines by 1.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 13,281,926 shares of the mining company’s stock valued at $868,638,000 after acquiring an additional 134,872 shares during the period. Capital World Investors lifted its position in shares of Agnico Eagle Mines by 0.8% during the 1st quarter. Capital World Investors now owns 9,769,275 shares of the mining company’s stock valued at $582,529,000 after acquiring an additional 79,275 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of Agnico Eagle Mines by 10.8% during the 1st quarter. First Eagle Investment Management LLC now owns 6,891,385 shares of the mining company’s stock worth $411,106,000 after acquiring an additional 672,503 shares in the last quarter. Finally, CIBC Asset Management Inc grew its holdings in shares of Agnico Eagle Mines by 4.1% in the 2nd quarter. CIBC Asset Management Inc now owns 6,083,606 shares of the mining company’s stock worth $397,657,000 after acquiring an additional 237,347 shares during the period. Hedge funds and other institutional investors own 68.34% of the company’s stock.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.